Practice MODERN FORMS OF MONEY - 3.2 | 3. MONEY AND CREDIT | CBSE 10 Economics
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is modern money?

πŸ’‘ Hint: Think about the types of money used today.

Question 2

Easy

Give one example of a digital transaction.

πŸ’‘ Hint: Consider how you pay for things without physical cash.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the primary function of modern money?

  • Store of value
  • Medium of exchange
  • Unit of account

πŸ’‘ Hint: Think about how we use money in daily transactions.

Question 2

True or False: Demand deposits are considered a form of currency.

  • True
  • False

πŸ’‘ Hint: Consider the forms of money you know.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Consider a region that undergoes sudden demonetization. Discuss the potential economic impacts on daily transactions and small businesses.

πŸ’‘ Hint: Think about both the short-term chaos and long-term adaptation.

Question 2

Analyze why banks might prefer lending to larger businesses over small farmers, despite the social implications.

πŸ’‘ Hint: Consider risk versus reward in banking.

Challenge and get performance evaluation